Daily Updates

DGFT: DGFT to issue RCMC/ Registration Certificate online (Trade Notice: Trade Notice No. 27/2021-2022 –  30/11/2021)  

SEBI: SEBI Master Circular for Real Estate Investment Trusts (REITs) (SEBI/HO/DDHS/DDHS_Div3/P/CIR/2021/674)

SEBI : Publishing of Investor Charter and disclosure of complaints by Debenture Trustees (DTs) on their Websites (Notification :SEBI/HO/MIRSD/MIRSD_CRADT/P/CIR/2021/675)

Customs: Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver (Tariff Notification No. 95/2021- Custom (N.T), Dated: 30.11.2021)  

Others: Due date for online Filing of Audited Accounts with the Office of the Charity Commissioner, Maharashtra stands extended till December 31, 2021 ( Order No.591/2021 dtd. 26.11.2021)

Others: Loksabha passes Farm Laws Repeal Bill, 2021 (Bill No. 143-C of 2021)

DGFT: DGFT advisory on Safe Custody of digital tokens, documents, scrips etc. [Trade Notice No. 26/2021-22-DGFT dtd 26th November 2021]

Others: As per new Travellers Covid-19 guidelines coming to Maharashtra state from any international destination shall be governed by directions of govt of India. Domestic travellers coming to Maharashtra shall either be fully vaccinated or carry RT-PCR test valid for 72 hrs.

RBI: RBI Caution against various Co-operative societies using the word “Bank” in their names [RBI Press Release dtd 22nd Nov 2021]

SEBI: SEBI notifies Norms for Silver ETFs and Gold ETFs [SEBI/HO/IMD/DF2/CIR/P/2021/668 dtd 24 Nov 2021]

CBIC: Import of wireless equipment by Telecom Service Providers based on self-declaration [Instruction No. 23/2021-Customs dtd 23rd Nov 2021]

CBIC: Imported consignments of Alcoholic Beverages Bottled in Origin & in Bulk containing more than 10 percent alcohol, which does not have an expiry date, shall have a validity of 300 days. [Instruction No. 24/2021-Customs dtd 24th Nov 2021]

CBIC: CBIC instruction on Import of teas from Nepal as Darjeeling Tea [Instruction No. 25/2021-Customs dtd 24th Nov 2021]

CBIC: CBIC Notifies Rate of Exchange of Foreign Currencies w.e.f. 25.11.2021 [Notification No.93/2021-Customs (N.T.) –  24th Nov 2021]

Income Tax: Guideline on TDS/TCS under Section 194O, section 194Q & Section 206C [Circular No. 20 of 2021 dtd 25th Nov 2021]  

Others: Date of completing the seeding & verification of Aadhaar with UAN, is hereby extended till 30.11.2021 [Notification No. BKG-27/7/2020-BKG-Part(1)/E-40100/173 dtd 15th Nov 2021]  

SEBI: Regulations Review Authority recommended RBI to withdrawal 150 circular [Press Release No. 2021-2022/1202 dtd 16th Nov 2021]

SEBI : SEBI revises Framework for Regulatory Sandbox [Circular No. SEEBI/HO/MIRSD/MIRSD_IT/P/CIR/2021 /0000000658 dtd 16th Nov, 2021]

GST: No Dynamic QR Code on B2C invoices will be applicable, where such invoice is raised in foreign currency and recipient is outside India but Place of Supply is India. [Circular No. 165/21/2021-GST dtd 17th Nov, 2021]

GST: CBIC issues Clarification on GST refund related issues No time limit for refund of balance in electronic cash ledger and no requirement for unjust enrichment certificate for obtaining such refund even though balance in electronic cash ledger is accumulated on account of TDS, TCS Certificate. Relevant date for limitation period for obtaining the refund …

GST : CBIC issues Clarification on GST refund related issues (18.11.2021) Read More »